$859,000

742 Tower St S

MLS®#:X5679225

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$859,000

Listed by: RE/MAX HALLMARK REALTY LTD., BROKERAGE

Excellent Turnkey Investment Property W/ Upside Potential In Rental Income! Located In The Busy Commercial Highway District Of Fergus W/ Great Signage. Standalone Building Located Next To Shoppers Drug Mart. 2 Commercial Retail Units On Ground Floor & 1 Bed Apartment Unit On 2nd Level. All Units Are Separately Metered. Current Use Of The Commercial Units Is A Cell Phone/electronics Repair Shop & Hair Salon. Fully Paved Parking Lot W/ Spots For Up To 8 Cars.
Community Fergus
City Centre Wellington
Postal Code N1M 2R3
MLS® Number X5679225
Days On Market 87 Days
Status Available
Purchase Type For Sale
Listing Type
Cross Street Tower St S/ Belsyde Ave W

Interior

Beds 0-0
Baths 0
Air Conditioning Y
Basement N
Heating Gas Forced Air Open

Exterior

Parking Spaces 8
Garage Type Outside/surface
Lot Size 60.00 x 103.00
Lot Front 60.00

Additional Information

Taxes $5,258
Tax Year 2022
Zoning Commercial C2
Water Source Municipal
Septic/Sewer San+storm
Extras Tremendous Population Growth In Fergus As This Amazing Town Offers Beautiful Tree Lined Streets & The Grand River. Lots Of Vehicle Traffic Along Tower St/Hwy 6. C2 Zoning That Offers Lots Of Commercial Uses & Potential Redevelopment Opp.
Hold Over 60

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Notes

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**Not intended to interfere with existing Realtor/Client Buyer Agency or Listing Agency Relationships